COMEUROTEX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COMEUROTEX
Largest movements
- Stocks and contracts -€91,476
down €91,476 (-52.7%), from €173,486 to €82,010
- Receivables within one year +€76,761
up €76,761 (+722.2%), from €10,629 to €87,391
of which Other amounts receivable: +€78,102
- Cash +€15,714
up €15,714 (+54.9%), from €28,601 to €44,315
mainly Short-term financial debts (+€103,452) and Stocks and contracts (+€91,476)
- Deferred charges and accrued income -€10,073
down €10,073 (-82.7%), from €12,176 to €2,103
- Short-term financial debts +€103,452
up €103,452 (+95.0%), from €108,885 to €212,338
of which Other loans: +€75,000
- Profit (loss) carried forward -€48,838
down €48,838 (-37.2%), from -€131,350 to -€180,188
- Trade debts -€43,134
down €43,134 (-70.7%), from €60,992 to €17,857
- Tax, wage and social debts -€22,485
down €22,485 (-78.8%), from €28,538 to €6,054
of which Taxes: -€21,856
- Other debts +€8,420
up €8,420 (+151.8%), from €5,545 to €13,965
- Gross operating margin +€23,027
up €23,027, from -€8,656 to €14,371
- Staff costs -€4,977
down €4,977 (-13.5%), from €36,894 to €31,917
- Financial charges +€4,100
up €4,100 (+27.2%), from €15,072 to €19,173
- Other operating charges -€3,074
down €3,074 (-22.3%), from €13,790 to €10,716
- Depreciation -€1,075
down €1,075 (-41.6%), from €2,583 to €1,508
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,898 | €219,317 | -€10,580 | -4.6% |
| Fixed assets | 21/28 | €5,006 | €3,498 | -€1,508 | -30.1% |
| Tangible fixed assets | 22/27 | €4,698 | €3,190 | -€1,508 | -32.1% |
| Plant, machinery and equipment | 23 | €254 | - | -€254 | |
| Furniture and vehicles | 24 | €4,443 | €3,190 | -€1,253 | -28.2% |
| Financial fixed assets | 28 | €308 | €308 | = | 0.0% |
| Current assets | 29/58 | €224,892 | €215,819 | -€9,073 | -4.0% |
| Stocks and contracts in progress | 3 | €173,486 | €82,010 | -€91,476 | -52.7% |
| Stocks | 30/36 | €173,486 | €82,010 | -€91,476 | -52.7% |
| Amounts receivable within one year | 40/41 | €10,629 | €87,391 | +€76,761 | +722.2% |
| Trade receivables | 40 | €5,629 | €4,289 | -€1,340 | -23.8% |
| Other amounts receivable | 41 | €5,000 | €83,102 | +€78,102 | +1562.0% |
| Cash at bank and in hand | 54/58 | €28,601 | €44,315 | +€15,714 | +54.9% |
| Deferred charges and accrued income | 490/1 | €12,176 | €2,103 | -€10,073 | -82.7% |
| Total equity and liabilities | 10/49 | €229,898 | €219,317 | -€10,580 | -4.6% |
| Equity | 10/15 | €17,941 | -€30,897 | -€48,838 | |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Capital | 10 | €55,776 | €55,776 | = | 0.0% |
| Issued capital | 100 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €93,515 | €93,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,578 | €5,578 | = | 0.0% |
| Legal reserve | 130 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €87,937 | €87,937 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,350 | -€180,188 | -€48,838 | -37.2% |
| Amounts payable | 17/49 | €211,957 | €250,214 | +€38,257 | +18.0% |
| Amounts payable within one year | 42/48 | €211,957 | €250,214 | +€38,257 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €7,996 | - | -€7,996 | |
| Financial debts | 43 | €108,885 | €212,338 | +€103,452 | +95.0% |
| Credit institutions | 430/8 | €108,885 | €137,338 | +€28,452 | +26.1% |
| Other loans | 439 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €60,992 | €17,857 | -€43,134 | -70.7% |
| Suppliers | 440/4 | €60,992 | €17,857 | -€43,134 | -70.7% |
| Taxes, remuneration and social security | 45 | €28,538 | €6,054 | -€22,485 | -78.8% |
| Taxes | 450/3 | €25,573 | €3,717 | -€21,856 | -85.5% |
| Remuneration and social security | 454/9 | €2,965 | €2,337 | -€628 | -21.2% |
| Other amounts payable | 47/48 | €5,545 | €13,965 | +€8,420 | +151.8% |
| Remuneration, social security and pensions | 62 | €36,894 | €31,917 | -€4,977 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,583 | €1,508 | -€1,075 | -41.6% |
| Other operating charges | 640/8 | €13,790 | €10,716 | -€3,074 | -22.3% |
| Gross operating margin | 9900 | -€8,656 | €14,371 | +€23,027 | |
| Operating profit (loss) | 9901 | -€61,923 | -€29,770 | +€32,153 | +51.9% |
| Financial income | 75/76B | €24 | €105 | +€81 | +335.7% |
| Recurring financial income | 75 | €24 | €105 | +€81 | +335.7% |
| Financial charges | 65/66B | €15,072 | €19,173 | +€4,100 | +27.2% |
| Recurring financial charges | 65 | €15,072 | €19,173 | +€4,100 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€76,971 | -€48,838 | +€28,133 | +36.6% |
| Profit (loss) for the period | 9904 | -€76,971 | -€48,838 | +€28,133 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,971 | -€48,838 | +€28,133 | +36.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.